Form 4: Zapata Computing Director Lee Reports Conversion of Class B Shares to Common Stock

Sentiment:

SEC Form 4 Filing


Director Cassandra S. Lee reports the conversion of 30,000 Class B Ordinary Shares to Common Stock of Zapata Computing Holdings Inc. following the closing of a business combination agreement.

Summary

  • On March 28, 2024, Cassandra S. Lee, a director of Zapata Computing Holdings Inc., reported a transaction involving the conversion of 30,000 Class B Ordinary Shares into Common Stock.
  • The conversion occurred automatically upon the closing of the transactions contemplated by the Business Combination Agreement dated September 6, 2023.
  • The Class B Ordinary Shares converted on a one-for-one basis into Common Stock.
  • The Class B Ordinary Shares were previously convertible for Class A ordinary shares as described in the company's Registration Statement on Form S-1.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a pre-existing agreement, so it doesn't significantly impact sentiment.

Stakeholder Impact

  • The conversion of shares may have a minor impact on shareholders due to the change in the share structure.

Key Dates

DateDescription
September 6, 2023Date of the Business Combination Agreement
March 28, 2024Date of transaction: Conversion of Class B Ordinary Shares to Common Stock
April 01, 2024Date of signature for the Form 4 filing

Keywords

Zapata Computing Holdings Inc., Cassandra S. Lee, Form 4, Beneficial Ownership, Class B Ordinary Shares, Common Stock, Conversion, Director, ZPTA

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